According to GuruFocus list, these stocks have reached their 52-week highs.
Red Hat reached the 52-week high of $87.02
Red Hat Inc. (RHT, Financial) is a provider of open source software solutions, using a community-powered approach to develop and offer reliable and high-performing operating system, middleware, virtualization, storage and cloud technologies. Red Hat provides services for its version of the open-source (free from licensing costs) Linux software operating systems, middleware, storage, virtualization and management tools. The company reports revenue through two categories: subscriptions and training and services. The Americas contributed 60% of total revenue in fiscal 2015; Europe, the Middle East and Africa contributed 25%; and Asia-Pacific contributed 15%.
The price of Red Hat shares has reached $87.02, which is 1.2% off the 52-week high of $88.05. Red Hat has a market cap of $15.42 billion; its shares were traded around $87.02 with a price-earnings (P/E) ratio of 63.06 and a price-sales (P/S) ratio of 6.60. The company had an annual average earnings growth of 15.20% over the past 10 years. GuruFocus rated Red Hat the business predictability rank of 5-star.
The company recently reported that total revenue for the fourth quarter of 2016 was $629 million, up 16% year over year in U.S. dollars and measured in constant currency. Subscription revenue for the quarter was $560 million, up 17% year over year in U.S. dollars and measured in constant currency. Subscription revenue in the quarter was 89% of total revenue. GAAP net income for the quarter was $66 million, or 36 cents per diluted share, compared with $53 million, or 29 cents per diluted share, in the year-ago quarter.
CEO and President James M. Whitehurst sold 26,250 shares for $86.85 per share on April 20. The stock price has increased by 0.2% since.
Electronic Arts reached the 52-week high of $91.94
Electronic Arts Inc. (EA, Financial) develops, markets, publishes and distributes video game software and content that can be played by consumers on various platforms. Electronic Arts is one of the world's largest third-party video game publishers and has grown from a console-based video game publisher to one of the largest publishers on consoles, PC and mobile. The firm owns a number of large franchises, including "Madden," "FIFA," "Battlefield," "Mass Effect," "Dragon's Age" and "Need for Speed." Electronic Arts recently signed a 10-year contract with Disney (DIS, Financial) that granted Electronic Arts the exclusive rights to develop "Star Wars" games for core gamers across all platforms.
The price of Electronic Arts shares has reached $91.94, which is 0.0% off the 52-week high of $91.96. Electronic Arts has a market cap of $27.6 billion; its shares were traded around $91.94 with a P/E ratio of 22.99 and P/S ratio of 6.22.
The company has reported that net cash provided by operating activities for the third fiscal quarter of 2017 was a record $1.115 billion. Trailing 12-month operating cash flow was also a record $1.372 billion. For the quarter, net revenue was $1.149 billion. Of the total net revenue 60%, or $685 million, was digital.
CEO Andrew Wilson sold 8,000 shares for $89.32 per share on April 3. The stock price has increased by 2.93% since.
MasterCard reached the 52-week high of $114.27
MasterCard Inc. (MA, Financial)Â is a technology company in the payments industry. The company connects consumers, financial institutions, merchants, governments and businesses, enabling them to use electronic forms of payment instead of cash and checks. MasterCard manages several payment brands and an "open loop" global payment network, which allows it to provide authorization, clearing and settlement of electronic payment transactions. MasterCard generates revenue by charging fees to its customers (issuers and acquirers) based on both the dollar volume of card activity and the number of transactions processed through the network.
The price of MasterCard shares has reached $114.27, which is 1.2% off the 52-week high of $115.61. MasterCard has a market cap of $121.23 billion; its shares were traded around $114.27 with a P/E ratio of 30.97 and P/S ratio of 11.69. MasterCard's trailing 12-month dividend yield is 0.72%. The forward dividend yield is 0.77%. MasterCard had an annual average earnings growth of 17.40% over the past five years.
The company recently reported net income of $933 million, an increase of 5%, or 4% on a currency-neutral basis and earnings per diluted share of 86 cents, up 9%, or 7% on a currency-neutral basis, both versus the year-ago period. Excluding a special item in this quarter related to merchant litigation in the U.K., the company reported net income of $940 million, an increase of 6%, or 5% on a currency neutral-basis, and earnings per diluted share of 86 cents, up 9%, or 7% on a currency-neutral basis, both versus the same period in 2015.
General Counsel Timothy H. Murphy sold 24,128 shares for $112.25 per share on April 4. The stock price has increased by 1.8% since.
Level 3 Communications reached the 52-week high of $60.06
Level 3 Communications Inc. (LVLT, Financial)Â is a facilities-based provider of a range of integrated communications services that owns or leases a substantial portion of the plant, property and equipment necessary to provide its services. Level 3's core business is wholesale communications services. The firm serves about 190 markets via its intercity network, which spans 67,000 miles in North America and 10,000 miles in Europe. It also owns metro networks in about 125 markets connecting to about 7,900 buildings, many the result of acquisitions over the past few years. The firm provides data transport, co-location, internet access and other telecom services. Level 3 also owns a small coal-mining operation.
The price of Level 3 Communications shares has reached $60.06, which is 0.6% off the 52-week high of $60.40. Level 3 Communications has a market cap of $20.68 billion; its shares were traded around $60.06 with a P/E ratio of 32.82 and P/S ratio of 2.65. Level 3 Communications had an annual average earnings growth of 5.80% over the past five years.
For the fourth quarter of 2016, net Income was $677 million compared to net Income of $3.4 billion for 2015, which included a noncash benefit to the fourth quarter of 2015 income tax expense of approximately $3.3 billion related to the release of the company's valuation allowance against U.S. federal and state deferred tax assets. Total revenue was $2.032 billion for the fourth quarter of 2016, compared to $2.053 billion for the fourth quarter of 2015. For the full year 2016, total revenue was $8.172 billion compared to $8.229 billion on a reported basis and $8.157 billion on a modified basis for the full year 2015. The full year 2015 modified results exclude nine months of results from the company's Venezuelan subsidiary's operation that was deconsolidated as of Sept. 30, 2015.
President and CEO Jeffrey K. Storey sold 35,186 shares for $57.49 per share on April 4. The stock price has increased by 4.47% since.
Edison International reached the 52-week high of $80.60
Edison International (EIX, Financial) through its subsidiaries is a generator and distributor of electric power and an investor in infrastructure and energy assets including renewable energy. Edison International is the parent company of Southern California Edison (SCE/PE, Financial), an electric utility that supplies power to 5 million customers in a 50,000-square-mile area of Southern California, excluding Los Angeles. Edison Energy owns interests in nonutility businesses that deal in energy-related products and services. In late 2012, Edison International's wholesale generation subsidiary Edison Mission Energy entered Chapter 11 bankruptcy, and in 2014, it was sold to NRG Energy (NRG, Financial).
The price of Edison International shares has reached $80.60, which is 0.9% off the 52-week high of $81.34. Edison International has a market cap of $25.94 billion; its shares were traded around $80.60 with a P/E ratio of 20.35 and P/S ratio of 2.23. Edison International's trailing 12-month dividend yield is 2.54%. The forward dividend yield is 2.69%. Edison International has an annual average earnings growth of 1.10% over the past 10 years.
The company recently reported a fourth quarter 2016 net income of $345 million, or $1.06 per share, compared to a net loss of $79 million, or 24 cents per share, in the fourth quarter of 2015. As adjusted, fourth quarter of 2016 core earnings were $332 million, or $1.02 per share, compared to core earnings of $287 million, or 88 cents per share, in the fourth quarter of 2015. Southern California Edison's fourth-quarter 2016 net income increased by $419 million, or $1.29 per share, from the fourth quarter 2015. Its increase in net income consisted of $49 million of higher core earnings and $370 million of higher noncore earnings.
Disclosure: I do not own these stocks.
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